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Financial Accounting & Analysis
1. An investor wants to tests the financial position of Asian Paints Ltd. Thus, he wants to
assess the short term liquidity as well as long term solvency. Discuss the four relevant ratioâ&#x20AC;&#x2122;s
which he will definitely look into. (10 Marks)
2. Discuss the components of Other Income under the statement of Profit and Loss accounts
of any Indian Corporate. How other income is different from revenue from normal
operations under the vertical format. (10 Marks)
3. The following information is provided by a dealer in computer chips. The dealer follows
FIFO method for valuing stock, calculate from the following figures â&#x20AC;&#x201C;
Date
April 1, 2019
Purchases
April 10, 2019
April 20, 2019